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IN RE SEATRAIN LINES, INC.

Bankruptcy No. 81 B 10311, Adv. No. 81-5556-A.

20 B.R. 577 (1982)

In re SEATRAIN LINES, INC., Debtor. SCOTTSDALE ASSOCIATES, INC., Plaintiff, v. SEATRAIN LINES, INC., Debtor in Possession, Defendant.

United States Bankruptcy Court, S.D. New York.

June 4, 1982.

Attorney(s) appearing for the Case

Ravin & Kesselhaut, West Orange, N.J., for plaintiff.

Stroock & Stroock & Lavan, New York City, for defendant.

Fried, Frank, Harris, Shriver & Jacobson, New York City, for Creditors' Committee.

Burns, Jackson, Summit, Rovins & Spitzer, New York City, for Committee of Debentureholders.

Weil, Gotshal & Manges, New York City, for AEA Fuel Systems, Inc.

DECISION ON SCOTTSDALE ASSOCIATES, INC.'s COMPLAINT SEEKING TERMINATION OF THE AUTOMATIC STAY AND TERMINATION OF AN ALLEGED LEASE WITH DEBTOR AND TERMINATION OF DEBTOR'S OPTION TO REPURCHASE PREMISES

EDWARD J. RYAN, Bankruptcy Judge.

On February 11, 1981, a petition under Chapter 11 of the Bankruptcy Code, was filed against Seatrain Lines, Inc. ("Seatrain"). On that date an order for relief was granted on Seatrain's consent. Seatrain has continued in possession...

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